Case Summary
Union Bank of India filed a suit against Mrs. Jaseera. A for realization of a loan amount. The defendant failed to repay the sanctioned loan, leading to this legal action.
Judgment Outcome
Judgment Favored
Plaintiff
Relief Granted
Plaintiff shall be entitled to realize Rs.3,00,236.61 with interest and costs.
Case Type
Civil Suit
Final Judgment
No
The suit is decreed, and the plaintiff is entitled to realize Rs.3,00,236.61 from the defendant along with interest.
Why Plaintiff Won:
The plaintiff proved their case based on the defendant’s failure to repay the loans as agreed.
The plaintiff proved their case based on the defendant’s failure to repay the loans as agreed.
Losing Side's Weaknesses:
The plaintiff proved their case based on the defendant’s failure to repay the loans as agreed.
The plaintiff proved their case based on the defendant’s failure to repay the loans as agreed.
Supporting Evidence
The case of the plaintiff is proved by the unchallenged testimony of the PW1 and the documents produced by him.
Judgment Evidence:
In the result, the suit is decreed as follows: 1) The plaintiff shall be entitled to realize Rs.3,00,236.61 (Rupees three lakhs two hundred and thirty six and six one paise only) from the defendant with interest at the rate of 9.3 per cent from date of suit till date of decree and with future interest at the rate of 6 per cent from the date of decree till date of realization.
Parties Involved
Parties
- Party Role
- Plaintiff
- Party Name
- Union Bank of India
- Relation
- Represented by
- Party Role
- Defendant
- Party Name
- Mrs. Jaseera. A
- Party Age
- 42
- Relation
- D/o
Plaintiffs Documents
Loan sanction letter dated 24.02.2020, Acknowledgment of loan sanction letter dated 25.02.2020, Composite agreement dated 25.02.2020
Defendants Documents
Advocates
- Party Role
- Plaintiff
- Advocate Name
- Smt.Swapna.C.P
- Appearance Type
- Main Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Sruthi. P
- Appearance Type
- Assisting Counsel
- Party Role
- Plaintiff
- Advocate Name
- Smt.Rithikalal.T
- Appearance Type
- Assisting Counsel
Reliefs
Relief Type:
Recovery
Outcome:
Granted
Description:
The plaintiff is entitled to recover the loan amount with interest.
Evidence:
In the result, the suit is decreed as follows: The plaintiff shall be entitled to realize Rs.3,00,236.61/- from the defendant with interest at the rate of 9.3 per cent from date of suit till date of decree and with future interest at the rate of 6 per cent from the date of decree till date of realization.
Relief Type:
Costs
Outcome:
Granted
Description:
The defendant shall pay costs of the proceedings to the plaintiff.
Evidence:
The defendant shall pay costs of the proceedings to the plaintiff.
Documents & Evidence
Document Type:
Loan Sanction Letter
Submitted By:
Plaintiff
Relevance:
This letter indicates the approval of the loan extended to the defendant.
Reference:
Ext.A1
Document Type:
Acknowledgment of loan sanction letter
Submitted By:
Plaintiff
Relevance:
This document serves as an acknowledgment of the loan sanction received by the defendant.
Reference:
Ext.A2
Document Type:
Composite Agreement
Submitted By:
Plaintiff
Relevance:
This agreement outlines the terms and conditions of the loan taken by the defendant.
Reference:
Ext.A3
Document Type:
Declaration/undertaking letter
Submitted By:
Plaintiff
Relevance:
This document is a declaration made by the defendant in favor of the plaintiff bank related to the loan.
Reference:
Ext.A4
Document Type:
Loan recall notice
Submitted By:
Plaintiff
Relevance:
This notice was issued to the defendant for the recall of the loan amount.
Reference:
Ext.A5
Document Type:
Acknowledgment card of the recall notice
Submitted By:
Plaintiff
Relevance:
This card confirms that the defendant received the recall notice.
Reference:
Ext.A6
Document Type:
Certificate copy of the statement of account
Submitted By:
Plaintiff
Relevance:
This document provides the account statement for verification of the loan details.
Reference:
Ext.A7
Document Type:
Statement of unapplied interest with certificate
Submitted By:
Plaintiff
Relevance:
This statement indicates the outstanding unapplied interest on the loan account.
Reference:
Ext.A8
Case Classification
Case Type
Civil Suit
Category
Money and Loan Recovery
District
Kozhikode
State
Kerala
Court Establishment
Munsiff Court 2 Kozhikode
Common Reasons
Non-payment of rent
Case Code
Case between Union Bank of India vs Mrs. Jaseera. A regarding realization of money
Case Code Year
Case between Union Bank of India vs Mrs. Jaseera. A regarding realization of money